1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nitella [24]
3 years ago
10

Supply and demand determine the relative value of any two currencies through the foreign exchange market

Business
1 answer:
Radda [10]3 years ago
5 0

Answer:

true

I hope it is helpful to you

You might be interested in
"Which of the following are covered under the Securities Exchange Act of 1934? I Registration of new issues II Stabilization of
OleMash [197]

Answer: II. stabilization of new issues

III. registration of exchanges

IV. registration of broker-dealers

Explanation:

The Securities Exchange Act of 1934 was put in place in order to be in charge of security trading.

From the options, those that are covered under the Securities Exchange Act of 1934 include the stabilization of new issues, the registration of exchanges and the registration of broker/dealers.

It should be noted that the Securities Exchange Act of 1934 does not cover the registration of new issues.

6 0
3 years ago
Use the following information to determine the break-even point in units (rounded to the nearest whole unit):
denis23 [38]

Answer:

29,771 units

Explanation:

The break-even indicates the number of units that you have to sell to cover your costs. The break-even point is calculated by using the formula:

Break-even point in units= Fixed costs/(selling price per unit-variable cost per unit)

Break-even point in units= $195,000/($14.95-$8.40)

Break-even point in units= $195,000/$6.55

Break-even point in units= 29,771 units

The break-even point in units is 29,771.

4 0
3 years ago
Assume (1) a predetermined overhead rate of $8.00 per machine-hour, (2) actual machine-hours worked during the period of 54,000
rodikova [14]

Answer:

Allocated MOH= $432,000

Explanation:

Giving the following information:

Predetermined overhead rate of $8.00 per machine-hour

Actual machine-hours worked= 54,000 hours

<u>To calculate the allocated overhead, we need to use the following formula:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 8*54,000

Allocated MOH= $432,000

7 0
3 years ago
It takes Anne 3 hours to make a pie and 4 hours to make a shirt. It takes Mary 2 hours to make a pie and 5 hours to make a shirt
mina [271]

Answer:

False

Explanation:

An economic agent should specialise in the production of the good for which it has a comparative advantage in its production.

An economic agent has a comparative advantage in production if it produces at a lower opportunity cost when compared with other economic agents.

Anne's opportunity cost in pie production = 4/3=1.33

Anne's opportunity cost in shirt production = 3/4 = 0.75

Mary's opportunity cost in pie production = 5/2 = 2.5

Mary's opportunity cost in shirt production = 2/5 = 0.4

Anne has a comparative advantage in the production of pies and Mary has a comparative advantage in the production of shirts.

Anne should specialise in pie production and Mary should specialise in shirt production.

I hope my answer helps you

5 0
3 years ago
Rational choice theorists would define the behavior of corporate executives who outsource many jobs to countries where the cost
STALIN [3.7K]

Answer: Instrumental

Explanation:

Rational choice theory, is a school of thought which is based on the assumption that individuals will choose a course of action which goes in line with what they personally prefer.

For the instrumental rationality, it has to do with looking for the most cost effective method in order to achieve a particular objective. Therefore, the behavior of corporate executives who outsource jobs to other countries where labor cost is cheaper than in the United States is defined as being instrumental.

8 0
3 years ago
Other questions:
  • Which organization provides leadership for the federal reserve system? board of governors congress department of the treasury fe
    5·1 answer
  • How much will i get monthly for $87000 in boston ma?
    14·1 answer
  • Automobile repair costs continue to rise with the average cost now at $367 per repair.† Assume that the cost for an automobile r
    15·1 answer
  • Studies on a machine that molds plastic water pipe indicate that when it is injecting 1-inch diameter pipe, the process standard
    10·1 answer
  • Taco Hut purchased equipment on May 1, 2018, for $15,000. Residual value at the end of an estimated 8-year service life is expec
    12·1 answer
  • A common argument in favor of restricting international trade in good x is based on the premise that (A) international trade red
    7·1 answer
  • Maintaining a stable workforce working at a constant output rate while shortages and surpluses are absorbed by fluctuating inven
    13·1 answer
  • If workers are more educated, then short-run aggregate supply ___________.
    11·1 answer
  • Which of the following sources of income is money made from tenants who live in a property that you own?
    8·2 answers
  • The price of a good or service must ____.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!